Arkhangelsk region to continue realization of investment projects
There are 5 investment projects that are currently being realized in the Arkhangelsk region and are included in the list of priority investment projects. Total investment volume amounts to RUR 20 bln (EUR 0.5 bln).
Govt to remove tax on log products: forestry minister
Forestry Ministry Zulkifli Hasan said the Finance Ministry had agreed to proposals to remove value-added tax (VAT) imposed on log products.
He claimed former finance minister Sri Mulyani Indrawati had signed a proposal to cancel the tax when she was in the office.
“[Mulyani] agreed to cancel VAT for log products. The regulation will take effect this month. This is good as it will not burden industries because raw materials were not supposed to be taxed,” he said Sunday.
May has been a difficult month for lumber prices in North America, with values dipping to the point that gains made earlier this year were effectively cancelled out. However, it is not all bad news as the stocks of leading players are holding up well.
26. Mai 2010: Die vor kurzem aufgrund der Wirtschaftskrise lancierte "neue Holzexportstrategie" der österreichischen Holzindustrie, welche kurz gefasst und wörtlich wiedergegeben "sich auf den Vorgarten Österreichs, der Schwarzmeerregion" konzentrieren wird, scheint vor dem Hintergrund der folgenden Pressemeldung zumindest hinterfragenswert:
Safwood (Italy) is to launch OSB production in the Komi Republic by February 2012. The mill will be constructed from scratch with investment volume amounting to EUR 125 mln, of them EUR 72.5 mln to be provided by banks.
Paper producers gearing up for new expansion in China again!
SHANGHAI, Mai. 21, 2010 (RISI) - Expansion, expansion and expansion, in almost all paper grades, was the word that was heard most in talks among industry CEOs and executives during the recently held Metso Summit at the Finland pavilion at the Shanghai World EXPO.
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